Page 396 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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(7) Be an incompetent or a quasi-incompetent person
(8) A bankruptcy order is made against that person

5.5 In the event that a member of the Audit Committee intends to resign before the expiration of the term of
office. The Audit Committee member shall then notify the Board of Directors with their intentions and provides reasons
at least one month in advance so the Board of Directors can consider appointing other qualified persons as a
replacement. The new Audit Committee member shall remain in office for the remaining term of the former Audit
Bangkok Commercial Asset Management Public Co., Ltd.
Committee whom he/she replaces.
5.6 When the Audit Committee member completes the term of office or there is any reason the Audit
Committee member cannot stay until the end of their term, which results in the number of members that of being
fewer than the specified number, the Board of Directors shall appoint a new member of the Audit Committee
immediately or within 3 months after such circumstance happens, to ensure the continuity in the operation of the Audit
Committee.

6. Duties and Responsibilities
The Audit Committee shall have the authorities and duties as follows:
6.1 Review of financial reports and disclosure of information
6.1.1 Review quarterly and annual financial reports to ensure that the financial reports are prepared
accurately, completely and in accordance with generally accepted accounting principles.
6.1.2 While performing the duties of the Audit Committee, if the following items or actions are found or
suspected which may have a significant impact on the Company’s financial position and operating results, the Audit
Committee shall report to the Board of Directors to address those issues within the period that the Audit Committee
deems appropriate.

(1) Conflicts of interest items.
(2) Fraud, irregularities, or any major defects in the internal control system.
(3) Violation of securities and exchange laws, SET regulations, or laws relevant to the Company’s
business.
If the Board has committed no action in addressing the issues within the specified period, any
member of the Audit Committee may report those issues to the Securities and Exchange Commission or the Stock
Exchange of Thailand.
6.1.3 Consider related party transactions or transactions that may have conflicts of interest in accordance
with the laws and the regulations of the Stock Exchange of Thailand to ensure that such transactions are reasonable and
are in the best interests of the Company.
6.2 Supervision of the auditor

6.2.1 Consider the selection and nomination of an independent party to act as the Company’s auditor
and propose rate of remuneration to such party.
6.2.2 Attend meetings with the auditor without the presence of the management at least once a year to
discuss changes in accounting policies, significant accounting adjustment items, and problems and suggestions by the
auditor.
6.3 Review the adequacy and efficiency of the internal control and internal audit